PLACE OF COORDINATION OF FISCAL AND MONETARY POLICIES IN THE FIGHT AGAINST FINANCIAL CRISES

Svetlana Lakova

Abstract


This article aims to reveal the location of a coordinated process between fiscal and monetary policy during the crisis.We are overlooking the term coordination of fiscal and monetary policy,the recommendations of the European Union and the opportunities to overcome the crisis. The analysis proved that the main importance of coordination of the two policies is expressed in the fourth pillar for dealing with the disbalance in the economy.

Key words: fiscal, monetary policy, coordination


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References


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